FTC Solar (FTCI) Stock Price, News & Analysis

Company Overview

FTC Solar, Inc. (NASDAQ: FTCI) is a solar technology company specializing in the design, manufacturing and supply of solar tracking systems. Founded in 2012 and headquartered in Austin, Texas, FTC Solar develops advanced tracker hardware and digital tools that optimize energy production across utility-scale photovoltaic power plants. The company’s flagship product, the Felix® tracker, features a self-powered drive that reduces installation costs and simplifies maintenance requirements compared to traditional tracker systems.

In addition to its core tracker hardware, FTC Solar offers a suite of engineering, procurement and construction (EPC) support services. These include project siting and layout optimization, structural analysis, permitting assistance and construction management. Through its integrated digital platform, SunPath®, the company provides monitoring and performance analytics to help project owners maximize uptime and deliver consistent power output over the life of their solar installations.

FTC Solar serves a diverse roster of customers across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region. The company has completed projects in over 20 countries, working with independent power producers, utilities and solar developers to deploy gigawatts of solar generation capacity. FTC Solar’s global footprint is supported by regional offices in Mexico City, Santiago, Madrid, Dubai and Sydney, enabling localized engineering support and supply chain coordination.

Led by President and Chief Executive Officer Troy Patton, FTC Solar employs a leadership team with deep experience in renewable energy, engineering and supply chain management. The company continues to invest in research and development, focusing on next-generation tracker components, advanced materials and digital solutions to further improve tracker reliability and reduce overall project costs. FTC Solar’s technology and expertise aim to accelerate the adoption of solar power and contribute to the global transition toward cleaner energy sources.

Key Stats

• Today's Range: $4.90 to $5.14
• 50-Day Range: $3.50 to $5.18
• 52-Week Range: $1.76 to $7.40
• Volume: 37,697 shs
• Average Volume: 267,287 shs
• Market Capitalization: $75.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Moderate Buy

FTC Solar Stock Analysis - MarketRank™

FTC Solar scored higher than 11% of companies evaluated by MarketBeat, and ranked 247th out of 260 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

FTC Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

FTC Solar has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for FTC Solar are expected to grow in the coming year, from ($3.98) to ($2.47) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FTC Solar is -1.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of FTC Solar is -1.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

FTC Solar has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

15.80% of the float of FTC Solar has been sold short.

Short Interest Ratio / Days to Cover

FTC Solar has a short interest ratio ("days to cover") of 12, which indicates bearish sentiment.

Change versus previous month

Short interest in FTC Solar has recently increased by 0.93%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

FTC Solar does not currently pay a dividend.

Dividend Growth

FTC Solar does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

15.80% of the float of FTC Solar has been sold short.

Short Interest Ratio / Days to Cover

FTC Solar has a short interest ratio ("days to cover") of 12, which indicates bearish sentiment.

Change versus previous month

Short interest in FTC Solar has recently increased by 0.93%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

FTC Solar has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for FTC Solar this week, compared to 2 articles on an average week.

MarketBeat Follows

1 people have added FTC Solar to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, FTC Solar insiders have not sold or bought any company stock.

Percentage Held by Insiders

24.90% of the stock of FTC Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

45.36% of the stock of FTC Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FTCI Stock Analysis - Frequently Asked Questions

How have FTCI shares performed this year?

FTC Solar's stock was trading at $5.51 at the beginning of the year. Since then, FTCI stock has decreased by 8.3% and is now trading at $5.05.

How were FTC Solar's earnings last quarter?

FTC Solar, Inc. (NASDAQ:FTCI) announced its earnings results on Wednesday, March, 13th. The company reported ($0.70) EPS for the quarter, topping the consensus estimate of ($0.80) by $0.10. The firm earned $23.20 million during the quarter, compared to the consensus estimate of $22.80 million. FTC Solar had a negative trailing twelve-month return on equity of 177.60% and a negative net margin of 78.56%.
Read the conference call transcript.

When did FTC Solar's stock split?

Shares of FTC Solar reverse split on the morning of Monday, December 2nd 2024.The 1-10 reverse split was announced on Wednesday, November 27th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, November 29th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did FTC Solar IPO?

FTC Solar (FTCI) raised $350 million in an IPO on Wednesday, April 28th 2021. The company issued 18,400,000 shares at a price of $18.00-$20.00 per share. Barclays, BofA Securities, Credit Suisse, UBS Investment Bank and HSBC served as the underwriters for the IPO and Cowen, Simmons Energy (A Division of Piper Sandler), Raymond James and Roth Capital Partners were co-managers.

How do I buy shares of FTC Solar?

Shares of FTCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of FTC Solar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FTC Solar investors own include Waste Connections (WCN), AU Optronics (AUOTY), American Water Works (AWK), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 3/13/2024
• Today: 7/20/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Solar
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:FTCI
• CIK: 1828161
• Web: www.ftcsolar.com
• Phone: 737-787-7906
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Price Target for FTC Solar: $5.00
• High Price Target: $10.00
• Low Price Target: $3.00
• Potential Upside/Downside: -1.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$48.61 million
• Net Margins: -78.56%
• Pretax Margin: -77.67%
• Return on Equity: -177.60%
• Return on Assets: -52.99%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.40
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $55.57 million
• Price / Sales: 1.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.48 per share
• Price / Book: 3.41

Miscellaneous

• Outstanding Shares: 14,872,000
• Free Float: 11,169,000
• Market Cap: $75.10 million
• Optionable: Optionable
• Beta: 1.37